Delegated Authority Processing, Senior Analyst

Posted 8 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Insurance • Agriculture
The Role
Manage and validate bordereaux data and mappings, ensure timely uploads to bordereaux systems, investigate discrepancies, support premium allocation and credit control, produce portfolio and audit reports, and liaise with internal stakeholders and service providers to maintain financial controls and regulatory compliance.
Summary Generated by Built In

Job Description

Are you looking for your next opportunity?

  

Sompo has a unique opportunity for a Delegated Authority (DA) Processing – Senior Analyst to strengthen our DA Processing area. 


Our Continental Europe Delegated Business team covers most lines of business, for both due diligence and onboarding, but also portfolio processing & control and ongoing management. We are looking for someone to be knowledgeable in the data and operations of our MGA/TPA´s partners, to support the data mapping it into our standard models, ensure proper financial controls, processing bordereaux and support the business in the ongoing management of the DA operational activities.


Location: This position will be based out of our Barcelona or Madrid offices. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long lasting careers.

 

Our business, your impact, our opportunity:


What you’ll be doing:

  • Ensure timely uploads to the Bordereaux Management system and investigate data discrepancies where required, performing subsequent reporting performance of the underlying accounts.
  • Review data quality reports and ensure bordereaux accuracy. Identify and resolve errors in data and mappings where required.
  • Track timely receipt and processing of premium/cash bordereaux with our UW Operations team, including contacting brokers for overdue or missing bordereaux. Escalating as appropriate where issues arise.
  • Assist in ensuring our service providers are meeting the Minimum Bordereaux Mapping standard
  • Liaise with internal stakeholders on data queries within bordereaux management system
  • Map, review and approve bordereaux mappings
  • Assist Credit Control/Financial Operations with premium allocation
  • Producing portfolio reports in relation to missing/overdue bordereaux and status of bordereaux processing into our systems
  • Support regulatory and financial audit processes, including JSox controls

What you’ll bring:

  • At least 2 years’ experience in similar role, and familiar with bordereaux processing, and experience with 3rd Party Bordereaux Data Management (Bindercloud) is a plus
  • College Graduated qualification.Competent in use of all MS Office tools (Word, Excel, PowerPoint to a moderate extent)
  • Good oral and written communication skills. Disciplined, and organized.
  • English is a must plus at least an additional CE language (French, German, Italian or Spanish)
  • Ability to work with minimal supervision, respecting clear processing guidelines and able to deliver outputs based on given priorities, achieving tasks within tight deadlines
  • Good interpersonal skills as it relates to building organization relationships and inspiring trust.
  • Customer focused aiming to drive best-in-class performance by all measures.   

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.


Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.  The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.


We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. 

Below is a summary of some of the benefits we offer, which may vary depending on the country:


Health & Wellness Benefits

Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Employee Assistance Program

Tuition Reimbursement & Professional Qualification benefits

 

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Life at Sompo | Sompo

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.


Valoramos positivamente las solicitudes de personas con certificado de discapacidad igual o mayor al 33%, en cumplimiento de la legislación vigente, Ley General de Derechos de las Personas con Discapacidad y de su inclusión social (LGD).

 

 


Skills Required

  • At least 2 years' experience in a similar role with bordereaux processing
  • Experience with 3rd Party Bordereaux Data Management (Bindercloud)
  • College graduate qualification
  • Competent use of MS Office tools (Word, Excel, PowerPoint)
  • Good oral and written communication skills
  • Disciplined and organized with ability to meet tight deadlines
  • English fluency plus one additional Continental European language (French, German, Italian or Spanish)
  • Ability to work with minimal supervision following processing guidelines
  • Good interpersonal skills and customer focus
  • Experience supporting regulatory and financial audits including J-Sox controls
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The Company
HQ: Hamilton
314 Employees
Year Founded: 2020

What We Do

As one of the leading writers of crop insurance in the United States, AgriSompo North America blends extensive industry experience with cutting-edge software development to provide powerful, proactive agricultural risk management for the nation’s farmers and ranchers.   We operate within a culture of integrity, and a deeply rooted belief that collaboration, agility, and stellar customer service are crucial to long-term success. Our nationwide network of independent crop insurance agents provides direct and customized options to fit each producer’s needs, with solutions ranging from traditional multi-peril, crop hail, and livestock insurance to highly innovative and unique private products.

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